McKayla Financial Services, a subsidiary of Supreme Ventures Limited (SVL), says its partnership with GenXS Carnival has empowered revellers to fully embrace the spirit of carnival like never before.

For many masqueraders, the prospect of fully participating in the celebrations often hinges on their ability to afford their desired costumes, the financial company said in a release.

“In response to this challenge, McKayla Financial has introduced innovative micro-loan solutions, ensuring that financial constraints no longer stand in the way of Carnival enjoyment. Through this strategic partnership with GenXS Carnival, the company aims to democratise the carnival experience, empowering individuals from all walks of life to don their costumes with pride and join in the vibrant celebrations,” the release stated.

Nanisha Lee, Business Development Officer of McKayla Financial Services, expressed delight at the uptake in the loan trend, stating, “The response to our micro-loan solutions has been phenomenal. It’s truly heartwarming to see so many people seizing the opportunity to embrace Carnival without financial constraints.”

The “seamless” process of securing desired costumes has garnered praise from masqueraders, who can now fully immerse themselves in the excitement of carnival festivities, according to the release.

McKayla Financial says it remains committed to meeting the diverse needs of the community beyond the carnival season.
It said its annual back-to-school promotion, designed to provide support to families across Jamaica, exemplifies this dedication.

Since becoming part of the Supreme Ventures Group in 2020, McKayla Financial has experienced remarkable growth, boasting an 485 per cent increase in its loan portfolio, the company said.

It also said that its acquisition of the Bank of Jamaica Microfinance Licence underscores its credibility and commitment to excellence, adding that an expansion of its human capital, with the addition of new sales executives, has further contributed to its success.

What’s more, according to the company, it has already surpassed its sales projections to date for 2024, a testament to its unwavering focus on customer satisfaction and financial empowerment.

In addition to introducing new loan products tailored to better serve its customers, McKayla Financial continues to forge strategic partnerships. Its annual back-to-school promotion, in collaboration with partners such as Sangster’s Bookstore, remains highly anticipated by customers. Additionally, the overwhelming response to McKayla Financial’s inaugural Christmas promotion last year underscores its impact on enhancing the lives of its customers, the company said in the release.

Lee said the company’s partnership with GenXS demonstrates its “versatility and genuine concern for the community.”

She said, “We consistently prepare for various seasons, whether it’s carnival, back to school, or any other occasion. Collaborating with GenXS and others showcases our dedication to the community, and we are immensely honoured to contribute to people’s transformative experiences.”